possible short on gold
A possible short on gold due to the divergency pattern shows up on the AO which means that the buyers are losing power and sellers are willing to take over. However, when you apply the volumes to the chart it shows us that selling volumes are greater than the buying volumes therefore a market manipulation is about to happen today or tomorrow which will knock off most of the buyers out of the market.
On the fundamental side, the US yields are rising dramatically and that is dragging up the US dollar with it and when something happens like this the FEDs might have to increase the interest rates sooner than later.
On the fundamental side, the US yields are rising dramatically and that is dragging up the US dollar with it and when something happens like this the FEDs might have to increase the interest rates sooner than later.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.